About Found
Found is a company based in San Francisco (United States) founded in 2019 by Lauren Myrick and Connor Dunn. It operates as a FinTech, and Freemium. Found has raised $118.75 million across 3 funding rounds from investors including Lightspeed Venture Partners, Founders Fund and Sequoia Capital. Found offers products and services including Online Business Checking, Automated Bookkeeping, Tax Tools, and Invoicing. Found operates in a competitive market with competitors including Brex, Intuit, BlueVine, Tide and Xero, among others.
- Headquarter San Francisco, United States
- Founders Lauren Myrick, Connor Dunn
-
Sectors
Financial ServicesTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Indie Technologies, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$118.75 M (USD)
in 3 rounds
-
Latest Funding Round
$46 M (USD), Series B
May 22, 2024
-
Investors
Lightspeed Venture Partners
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Found
Found offers a comprehensive portfolio of products and services, including Online Business Checking, Automated Bookkeeping, Tax Tools, and Invoicing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Business checking accounts are provided for small businesses.
Expenses are tracked and categorized automatically for users.
Tax estimates and savings are managed in-app efficiently.
Unlimited customized invoices are sent directly from app.
Unlock access to complete
Funding Insights of Found
Found has successfully raised a total of $118.75M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $46 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $46.0M
-
First Round
First Round
(20 May 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series B - Found | Valuation |
investors |
|
| Feb, 2022 | Amount | Series B - Found | Valuation | Founders Fund | |
| May, 2021 | Amount | Series A - Found | Valuation | Sequoia Capital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Found
Found has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Founders Fund and Sequoia Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments in technology and defense sectors.
|
Founded Year | Domain | Location | |
|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Found
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Found
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Found Comparisons
Competitors of Found
Found operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brex, Intuit, BlueVine, Tide and Xero, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-driven credit card and spend management solutions platform for businesses
|
|
| domain | founded_year | HQ Location |
Financial and accounting software is developed for businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Digital bank for businesses
|
|
| domain | founded_year | HQ Location |
Tide is recognized as a digital banking platform for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based accounting and payment management is offered for small businesses.
|
|
| domain | founded_year | HQ Location |
Online business banking and financial workflow tools are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Found
Frequently Asked Questions about Found
When was Found founded?
Found was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Found located?
Found is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Found?
Lauren Myrick is the current CEO of Found. They have also founded this company.
Is Found a funded company?
Found is a funded company, having raised a total of $118.75M across 3 funding rounds to date. The company's 1st funding round was a Series A of $12.75M, raised on May 20, 2021.
What does Found do?
Found is established as a financial technology company focused on providing business banking, bookkeeping, and tax tools for small business owners, freelancers, and self-employed individuals. Services are designed to simplify financial management through integrated online checking accounts, automated expense tracking, real-time tax estimates, and invoicing capabilities. Banking services are facilitated through a partnership with Lead Bank, ensuring FDIC insurance coverage. The platform targets sectors like sole proprietorships and single-member LLCs, delivering solutions that replace multiple apps with a unified system for financial operations.
What products or services does Found offer?
Found offers Online Business Checking, Automated Bookkeeping, Tax Tools, and Invoicing.
Who are Found's investors?
Found has 3 investors. Key investors include Lightspeed Venture Partners, Founders Fund, and Sequoia Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.